Bytecoin (BCN)
This digital currency is based on the CryptoNote protocol, which ensures anonymity of transactions. In 2017, the cost of Bytecoin increased 56 time and reached its high in early 2018. This asset can be mined only with the help of a central processor or a graphic card of an ordinary computer.
Monero (XMR)
This asset is highly appreciated by users for complete anonymity of transactions. The token is based on CryptoNote and is resistant to ASIC mining, so XMR can be mined on ordinary computers. Mining on a central processor is carried out through the Wolf's CryptoNote program.
Ethereum (ETH)
Currently, Ethereum ranks second in terms of the market capitalization, and it can be mined on ordinary processors and video cards. The project is a decentralized computing platform, which supports smart contracts. Coding is conducted in special programming language Solidity. It helps to create complex structures and provides opportunities for the implementation of high-tech and self-managed smart contracts.
Electroneum (ETN)
This is a new cryptocurrency, launched in September 2017. Electroneum is based on the innovative version of the CryptoNote algorithm and is resistant to ASIC mining. It can be mined not only on processors, but also on smartphones. The ETN mobile miner is available in the Google Play Store. The main advantage is that mining of tokens consumes a small amount of electricity.
Horizen (Zencash, ZEN)
This cryptocurrency is based on the protocol with zero-knowledge Zcash that makes it possible to conduct almost completely anonymous transactions. In 2017, the Zencash technology was highly appreciated by investors, thanks to which its quotes jumped eight times. Anonymous ZEN transactions are based on two crucial technologies: a) the zk-SNARKS algorithm, in which the verification of a private key is carried out without the participation of the parties; b) hiding with the domain that prevents the real final outputs of Internet connections from being tracked. Due to this, transactions cannot be found.
Webchain (WEB)
The cryptocurrency is based on a modified version of the CryptoNight PoW V7 consensus algorithm. The project is able to secure smart contracts of ERC20/ERC223 and decentralized applications. Thanks to the CryptoNight V7 algorithm, the asset is resistant to ASIC mining. The WEB cryptocurrency can be mined on computers, smartphones, and devices of the "Internet of Things". The project supports public and traceable transactions, preventing fraudulent actions. All operations are carried out at a high rate of speed.
Vertcoin (VTC)
The project uses an alternative version of the Bitcoin-based PoW algorithm, known as Lyra2REv2. The advantage of Vertcoin is the decentralization of the token mining process. The developers call VTC the national cryptocurrency. They created a device designed exclusively for mining of the VTC coins, which supports only AMD graphics cards.
Dogecoin (DOGE)
This virtual currency was created in 2013 as a joke, but its potential was assessed as impressive. The asset differs from Bitcoin in that its network adds 5.256 billion new coins annually. Dogecoin is based on the Scrypt algorithm. These tokens are mined on ordinary processors at a low rate that can be increased using graphics cards. The project supports Nvidia and AMD ones. The main advantage of DOGE mining is that it almost does not slow down the operation of the computer, since the mining process is running in the background.
Economic inequality remains one of the most pressing issues in today's world. To measure the gap between the rich and the poor in each country, the Gini index is used. This coefficient reflects how income is distributed within a society: the closer the index is to 100, the greater the inequality. Let's explore which countries currently have the highest Gini index values
This year has been pivotal for Bitcoin, the world's leading cryptocurrency. One of the key milestones was the approval of Bitcoin spot ETFs by the US Securities and Exchange Commission. In April 2024, Bitcoin also experienced a halving event, which is typically seen as a positive development for the digital asset. This year, the cryptocurrency is up 57%, and analysts remain optimistic about its future. However, they highlight four key factors that could influence Bitcoin's trajectory, both for better and for worse
Analytical periodical US News and World Report has presented its ranking of the best countries in the world in terms of quality of life, based on a survey of nearly 17,000 people. The list considers factors such as economic and political stability, a strong labor market, income equality, family-friendliness, safety, the quality of education, and healthcare systems. Let's find out which countries made it to the top of this list.
